Build America Mutual

BAM's Weekly Update newsletter highlights the upcoming calendar of BAM-insured municipal bond sales, along with a recent Bloomberg News article highlighting growth in secondary insurance purchases by large institutional investors. https://files.constantcontact.com//5bd147fd-9e31-404b-be64 Click here to subscribe to receive BAM's email every Monday morning: https://lp.constantcontactpages.com/su/7HhOinV

#Municipalbonds posted a strong week, with tax-exempt yields moving lower even as Treasury rates rose. Learn more about the reasons behind the moves in BAM's latest Weekly Update video https://youtu.be/lNsWEfpWJhg

Pension considerations should remain top of mind for #municipalbonds analysts as issuers adopt their post-COVID budgets. To help tie specific policies to their long-term impacts, BAM Pension Actuary Les Richmond shared highlights from his recent White Paper in The Bond Buyer. https://www.bondbuyer.com//why-muni-analysts-need-to-focus Read the full white paper on BAM's website: https://buildamerica.com//BAM-WP-Pension-Series-COVID-19-R

BAM's Weekly Update covers the entire #municipalbonds landscape, from a plateau in yields to emerging credit questions about Texas public utilities following the massive winter storm. Grant Dewey and Christopher Flosi recap the week, including $375 million of BAM-insured new issues. https://youtu.be/muZ-AV-Lxgc

#Municipalbonds yields stabilized Friday after rising sharply over the previous week, erasing the outperformance that had driven muni-to-Treasury yields to historically low levels. Daniel Bingham and Bryan Baebler look ahead as the market heads towards a period traditionally marked by low demand ahead of the April 15th "Tax Day." https://youtu.be/m_4TFwBmyBA